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Palm Inc YASH BHATNAGAR. Palm Recommendation Buy at $10.70 Sell at $15.55.

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Presentation on theme: "Palm Inc YASH BHATNAGAR. Palm Recommendation Buy at $10.70 Sell at $15.55."— Presentation transcript:

1 Palm Inc YASH BHATNAGAR

2 Palm Recommendation Buy at $10.70 Sell at $15.55

3 Palm Background Designs and produces smart phones for the general public Dependent solely on the smart phone market, price varies based on market Sleek and efficient company, employing just 939 Founded in 1992

4 Basic Numbers Current Price: $11.56 Beta:.81 EPS: -7.47 52 Week Low: $1.30 52 Week High: $18.09 Market Cap:1.65B Year to date: Up 585.12%

5 Palm Reasons to Buy Smartphone penetration is likely to grow three fold over the next three years, to 504 million users in 2012 from an estimated 165 million in 2009. Palm is totally dependent on the smartphone market, so if it goes up Palm will inevitably go up Palm just released its new mobile operating system webOS with the Palm Pri Palm is releasing its earnings report on December 17 th, Year to date it has increased 583% There are rumors that it will be taken over by Nokia, causing an increase in stock prices

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7 Competition RIM, Taking losses because of negative opinion of it’s Blackberry Storm Nokia, It has gone down an astounding 15% in it’s year to date

8 Sources http://finance.aol.com/quotes/palm-inc-new/palm/nas http://www.palm.com/us/company/about.html http://brainstormtech.blogs.fortune.cnn.com/2009/08/ 18/abramsky-apple-rim-could-triple-revenues-by- 2012/ http://brainstormtech.blogs.fortune.cnn.com/2009/08/ 18/abramsky-apple-rim-could-triple-revenues-by- 2012/ http://www.google.com/finance?q=NASDAQ:PALM http://www.reuters.com/finance/stocks/keyDevelopm ents?rpc=66&symbol=PALM.O&timestamp=2009111 3194800


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